Thrivent Balanced Income Fund Probability of Future Mutual Fund Price Finishing Over 14.75
| AABFX Fund | USD 14.44 0.01 0.07% |
THRIVENT |
Thrivent Balanced Target Price Odds to finish over 14.75
The tendency of THRIVENT Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 14.75 or more in 90 days |
| 14.44 | 90 days | 14.75 | near 1 |
Based on a normal probability distribution, the odds of Thrivent Balanced to move over $ 14.75 or more in 90 days from now is near 1 (This Thrivent Balanced Income probability density function shows the probability of THRIVENT Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Thrivent Balanced Income price to stay between its current price of $ 14.44 and $ 14.75 at the end of the 90-day period is roughly 2.81 .
Assuming the 90 days horizon Thrivent Balanced has a beta of 0.3. This suggests as returns on the market go up, Thrivent Balanced average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thrivent Balanced Income will be expected to be much smaller as well. Additionally Thrivent Balanced Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Thrivent Balanced Price Density |
| Price |
Predictive Modules for Thrivent Balanced
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thrivent Balanced Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Thrivent Balanced Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thrivent Balanced is not an exception. The market had few large corrections towards the Thrivent Balanced's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Thrivent Balanced Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thrivent Balanced within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0079 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.26 |
Thrivent Balanced Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Thrivent Balanced for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thrivent Balanced Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund holds about 11.02% of its assets under management (AUM) in cash |
Thrivent Balanced Technical Analysis
Thrivent Balanced's future price can be derived by breaking down and analyzing its technical indicators over time. THRIVENT Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thrivent Balanced Income. In general, you should focus on analyzing THRIVENT Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Thrivent Balanced Predictive Forecast Models
Thrivent Balanced's time-series forecasting models is one of many Thrivent Balanced's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Thrivent Balanced's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Thrivent Balanced Income
Checking the ongoing alerts about Thrivent Balanced for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thrivent Balanced Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds about 11.02% of its assets under management (AUM) in cash |
Other Information on Investing in THRIVENT Mutual Fund
Thrivent Balanced financial ratios help investors to determine whether THRIVENT Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in THRIVENT with respect to the benefits of owning Thrivent Balanced security.
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